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April 6, 2025

Business Articles

Local buyers urge manufacturers to emulate foreign products on commodity packaging

Vongai Masuka Local buyers have called on manufactures of goods and commodities in Zimbabwe to draw lessons from foreign products to improve their packaging and attract more customers. The sentiments came from various buyers during the Buy Zimbabwe week campaign which...

RBZ approves acquisition of Standard Chartered Bank

Tafadzwa Nyikadzino The Reserve Bank of Zimbabwe approved the acquisition of the Standard Chartered Bank by FBC Holdings yesterday in a development which saw the latter acquiring a 100 percent stake in the financial institution. The Registrar of the Central Bank...

Government appoints directors for Mutapa Investment Fund

Tafadzwa Nyikadzino Government has appointed the board of directors to manage the Mutapa Investment Fund, which will be chaired by former Telone CEO, Chipo Mutasa. In a statement released by Treasury, President Mnangagwa appointed a board of seven people comprising of...

RBZ slashes Interest rates to match changing global dynamics

Ashley Masakadza THE Reserve Bank of Zimbabwe(RBZ) has slashed interest rates from 150 percent to 130 percent per annum in response to changing local and global dynamics. The development, which was announced in yesterday’s Monetary Policy Statement is expected to...
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